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TSURUMI MANUFACTURING CO LTD Raises Consolidated Full-year Outlook for FY 2013; Issues Year-end Dividend for FY 2013

Sunday, 12 May 2013 10:00pm EDT 

TSURUMI MANUFACTURING CO LTD announced that it has raised its consolidated full-year outlook for revenue from JPY 32,800 million to JPY 35,100 million, operating profit from JPY 2,500 million to JPY 2,890 million, ordinary profit from JPY 2,600 million to JPY 3,790 million, net profit from JPY 1,600 million to JPY 2,370 million and earning per share from JPY 63.87 to JPY 94.61 for the fiscal year ended March 31, 2013. The positive outlook is mainly due to increase of sales and gain on reduced exchange rate. The Company also announced that it has decided to issue a year-end dividend of JPY 10 per share, above the latest dividend forecast of JPY 8 per share, disclosed on February 8, 2013, to all the shareholders of record as of March 31, 2013, effective June 28, 2013. 

Company Quote

-17.0 -0.99%
11:35pm EDT